Tagen Group released its 2026 interim report, with net profit attributable to the parent company at negative 333 million yuan, swinging from profit to loss year on year. Total operating revenue was 6.589 billion yuan, up 5.22 percent year on year, but net profit attributable to the parent company fell by 374 million yuan compared with the same period last year, a year-on-year decline of 903.64 percent. Net cash outflow from operating activities was 103 million yuan, an increase of 877 million yuan in net inflow compared with the same period last year. The company's latest asset-liability ratio was 74.28 percent, gross margin was 2.35 percent, return on equity was negative 2.34 percent, and diluted earnings per share was negative 0.19 yuan.
Shenzhen Tagen Group Co LtdNet loss of 333 million yuan, swinging from profit to loss, with a 903.64% decline in net profit.